Govt set to reform net metering policy in response to Solar boom

Govt set to reform net metering policy in response to Solar boom

The government has made a principled decision to revise the net metering policy in light of the increasing trend towards solar energy. According to sources within the Ministry of Energy, a summary concerning net metering has been prepared and is expected to be approved by the federal cabinet after the budget is presented. This summary includes a proposal to compensate consumers at a rate of Rs 10 in cash, rather than the current rate of Rs 22 per unit.

Currently, the country is generating approximately 5,000 MW of solar energy, with 1,400 MW being produced by the Electric Supply Company. Officials from the Ministry of Energy indicate that a new policy is under consideration, and the final decision will be made after consulting to ensure consumer interests are prioritised.

On the other hand, a spokesperson for the Power Division stated that the consultation process regarding net metering is still ongoing, with various proposals being evaluated. The spokesperson emphasised that no decision has been made regarding net metering yet, and the matter still needs to be discussed with the Prime Minister. Therefore, it is too early to draw any conclusions regarding the proposed payment of Rs 10 to consumers.
Read also: Solar panel & battery prices drop sharply in Pakistan

Solar panel prices in Hyderabad have dropped sharply after the government updated its net metering policy.

The new rules allow the government to buy electricity from homes with solar systems.

The change has boosted interest in solar energy. Many citizens now see it as a reliable option during frequent power cuts and rising temperatures.

Retailers report a major price cut. A high-quality 585-watt A-grade panel now sells for Rs16,500, down from Rs22,000.

“With the new policy and extreme heat, more people are installing solar systems,” said a local shopkeeper. “Even with Rs20,000, a poor man can leave with a full setup to run a fan and lights.”

The price drop comes as HESCO continues unannounced load shedding in Hyderabad. Residents say the outages and intense heat are forcing them to look for alternatives.

“Summers are harsher now, and HESCO makes it worse,” said one resident. “Solar power helps us stay cool and keep our homes running.”

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